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What is the best way to collect gold and silver coins?

What is the best way to collect gold and silver coins?

What is the best way in your opinion to collect gold and silver coins (for example, the 12-piece Gold Coin Type Set and the 28-Piece Morgan Dollar Date Set)?

Comments

  • spam?
  • dohdoh Posts: 6,457 ✭✭✭
    *Ding dong*

    "Yes?"

    "Hi, It's spam."

    "Oh, sorry, we don't want anyway."
    Positive BST transactions with: too many names to list! 36 at last count.
  • gecko109gecko109 Posts: 8,231
    This guy should not only get banned, but his IP as well!
  • MrEurekaMrEureka Posts: 24,428 ✭✭✭✭✭
    In my opinion? The best way to buy gold and silver coins is most likely to buy them from a dealer that doesn't have to stoop this low to make sales. What's your opinion?
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    The best way to collect silver and gold coins is to start by collecting gold coins.
  • This is not spam, just a new member's naive way of asking a question.

    I have PCGS registry sets for the 12-piece Gold Coin Type Set and the 28-Piece Morgan Dollar Date Set.

    Are these the favorite registry sets for most gold and silver coin investors here or are there others that are more popular with serious collectors?
  • curlycurly Posts: 2,880


    How's the discussion going so far, brother?
    Every man is a self made man.
  • dohdoh Posts: 6,457 ✭✭✭


    << <i>This is not spam, just a new member's naive way of asking a question. >>


    Then take out the link in your first post.
    Positive BST transactions with: too many names to list! 36 at last count.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    One thing for sure is to never, ever buy coins from eBay.
  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭
    At least now I know where NOT to. image
    image...There's always time for coin collecting. image
  • Thanks for the suggestion.

    I have taken out the link and rephrased the question.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    In some neighbor hoods they shoot back at drive byes. This happens to be one.
  • ambro51ambro51 Posts: 13,952 ✭✭✭✭✭
    Both registry sets can be a good way to get an organized collection of gold or silver coins started. But, be aware coins as an investment only usually work if you hold for years and years..and time the market cycles correctly. The best way to start...is to take your first coin "investment" money, and buy books on the coins you are considering collecting.

    An understanding of the TYPES of rarity, and learning how the coin world operates....is very important. Q. David Bowers wrote a very comprehensive book "collecting and investing in rare coins" and it should be required reading for anyone entering the rare coin realm. IF YOU PAY ATTENTION to what he writes, that is.

    Ignore 70% of the first replies you get to your initial posts. Its not that this is a mean group, we just tend to feel newcomers out until we get an understanding of your level of commitment and interest. There are people who come here alll full of vim and vigor, say the wrong things to the wrong people, and next thing ya know...they are "out" and posting on some other forum board. Ask quality questions to the right people and you can have a world of numismatic knowledge at your fingertips.

    One thing that really turns people on this forum off is when someone comes on here and looks to be self-promoting, or out to sell us something. Weve seen this all too many times before, and it never comes to a good end.

    So...hope you take all this the right way and make you way into the group and learn coins and how to do it right.
  • hammered54hammered54 Posts: 750 ✭✭✭


    ouch!!...
    Successful Transactions.
    Barrytrot(2),Stupid,Savoyspecial,docq,ecoinquest, halfhunter,snman,Coll3ctor.
    wondercoin. Blue594. internetjunky.
    keepdachange. Scrapman1077.Ahrensdad, mrmom, mygrandeoso, blu62vette, Clackamas,giorgio11, adriana, cucamongacoin,
  • Before buying anything, read a bunch of numismatic books and read everything you can find here, and then you'll know what to buy and what you like. Buy the book before the coin, to repeat an old adage.
    Successful BST transactions with: Walkerguy21D, Metalsman, chumley, cohodk
  • ConnecticoinConnecticoin Posts: 13,113 ✭✭✭✭✭


    << <i>One thing for sure is to never, ever buy coins from eBay. >>



    Sound advice. I've heard the telemarketers have good deals.
  • gecko109gecko109 Posts: 8,231


    << <i>Both registry sets can be a good way to get an organized collection of gold or silver coins started. But, be aware coins as an investment only usually work if you hold for years and years..and time the market cycles correctly. The best way to start...is to take your first coin "investment" money, and buy books on the coins you are considering collecting.

    An understanding of the TYPES of rarity, and learning how the coin world operates....is very important. Q. David Bowers wrote a very comprehensive book "collecting and investing in rare coins" and it should be required reading for anyone entering the rare coin realm. IF YOU PAY ATTENTION to what he writes, that is.

    Ignore 70% of the first replies you get to your initial posts. Its not that this is a mean group, we just tend to feel newcomers out until we get an understanding of your level of commitment and interest. There are people who come here alll full of vim and vigor, say the wrong things to the wrong people, and next thing ya know...they are "out" and posting on some other forum board. Ask quality questions to the right people and you can have a world of numismatic knowledge at your fingertips.

    One thing that really turns people on this forum off is when someone comes on here and looks to be self-promoting, or out to sell us something. Weve seen this all too many times before, and it never comes to a good end.

    So...hope you take all this the right way and make you way into the group and learn coins and how to do it right. >>






    Its a real shame you didnt catch this guy's link Ambro. He doesnt want to know how to go about collecting anything. He just wanted to drive traffic to his website, which in turn links you to his current ebay offerings. He deserved BOTH barrels!
  • pakasmompakasmom Posts: 1,920
    I missed the link too. But I wanted to give him the benefit of the doubt about it just being a naive mistake...

    I've got an ounce of silver to give away on the swap and giveaway side right now. - Might be one way to collect some.
  • ambro51ambro51 Posts: 13,952 ✭✭✭✭✭
    No. I only read this thread after his edits. Should I go into the closet and get out the old Parker hammerlock ten guage ?
  • morgansforevermorgansforever Posts: 8,486 ✭✭✭✭✭
    Are you looking for intrinsic or numismatic value? Or both?
    Parker 10 guage, must be like a cannon going off!
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    May be the fastest entrance/exit in forum history. (Why would someone who already has two registry sets ask such a question?) Cheers, RickO
  • slipgateslipgate Posts: 2,301 ✭✭
    The best way is to buy my Morgan date set (see sig line). imageimage
    My Registry Sets! PCGS Registry
  • PerryHallPerryHall Posts: 46,897 ✭✭✭✭✭


    << <i>One thing for sure is to never, ever buy coins from eBay. >>



    Are you including slabbed coins with excellant pics and a return policy?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    I prefer to receive such coins as gifts.
    LCoopie = Les
  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭
    I have been a collector for over 50 years.

    I started by building the eight piece gold type set (Liberty and St. Gaudens era quarter eagle, half eagle, eagle and double eagle) and then made it a 12 piece type set (three one dollar gold coins and the three dollar gold). Next I added the Classic Head $2.50 and $5. Then I added the No Motto coins and the two early types of $20 gold pieces. And then I got the 1907 High Relief. Now I'm working on the early gold and need three coins to finish. It's taken me 45 years to get to where I am now. I hope to finish before I'm done as a collector.

    I'd say collect the way that makes you happy and fits your budget. But the coins laid out the registry sets do make for a good set of objectives.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    Two ways work for me:


    Gather & stack.
  • ambro51ambro51 Posts: 13,952 ✭✭✭✭✭
    INVALID THREAD
  • ttownttown Posts: 4,472 ✭✭✭
    There's many good ways to invest/collect but one thing is for sure the worst way is the telemarketing route. The only winners here would be the telemarkerter.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭


    << <i>INVALID THREAD >>



    What ?
    +1
  • ambro51ambro51 Posts: 13,952 ✭✭✭✭✭
    SPAM

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